Читать книгу Non-financial Risk Management in the Financial Industry - Группа авторов - Страница 24

The definition of non-financial risk is not as straightforward as for financial risk. In contrast to the positive definition of financial risk as being comprised of certain risk types, non-financial risks for the purposes of this book are defined as comprising all risk types that are not included in the definition of financial risk.

As pointed out previously, there is no clear catalogue or definition of non-financial risks. In addition, definitions of risk types overlap partially and cannot be as clearly established as financial risks.

The risk types under non-financial risk can, in turn, be structured into two key categories. The first category contains operational risks, which are those relating to banking operations. The other category contains those risks that we view as strategic risks, which makes them part of non-financial risks but sets them apart from risks related to operations. This approach combines the specification of operational risks according to the BCBS definition, including the fact that strategic risks are also non-financial risks.